THE ANALYSIS OF INTEREST RATE AND EXCHANGE RATE INFLUENCE’S ON STOCK MARKET.
THE ANALYSIS OF INTEREST RATE AND EXCHANGE RATE INFLUENCE’S ON STOCK MARKET.
Author(s): Felix-Constantin Burcea, Emilia Ungureanu, Daniela PîrvuSubject(s): Economy
Published by: Editura Eurostampa
Keywords: stock market; Bet-C composite index; exchange rate; interbank interest rate
Summary/Abstract: Starting from the conclusions that have resulted from the analysis of similar empirical studies on stock markets in other countries, in this paper, we proposed to analyze the influence of interbank interest rate and the exchange rate on the stock market in Romania, represented by the composite index Bet-C. The analysis is made on medium run, the considered period being between 2005 (when was the denomination of Romanian currency (ROL)) and 2010. We used both quantitative methods for data modeling and establish interdependencies between the analyzed variables, and also qualitative methods in order to explain as better the obtained results.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVII/2011
- Issue No: 17
- Page Range: 163-170
- Page Count: 8
- Language: English